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Nirmala Sitharaman hands over sanction letters from banks to beneficiaries
Updated : 1 year, 3 months ago IST
Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman on Saturday handed over sanction letters from banks to beneficiaries under various Central Government schemes during the Credit Outreach Programme in Madhubani, Bihar.
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FM Sitharaman urges regional rural banks to onboard customers to digital s
Updated : 1 year, 3 months ago IST
Union Finance Minister Nirmala Sitharaman has urged Regional Rural Banks (RRBs) to onboard rural customers to digital services such as Internet Banking, Mobile Banking, and UPI.
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India signs USD 98 mn loan agreement with Asian Development Bank to boost
Updated : 1 year, 3 months ago IST
India and the Asian Development Bank (ADB) have signed a usd 98 million loan agreement to enhance horticulture crop productivity in the country.
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RBI to keep repo rate unchanged at meeting next week, chances of rate cut
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) is expected to maintain its policy rate during its upcoming meeting next week, as GDP growth slowed significantly in the second quarter of FY25. However, the likelihood of a rate cut in February has increased, according to a report by HDFC Bank.
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India's GDP expected to fall below 6.5 pc in FY25 amid slowdown in GDP gro
Updated : 1 year, 3 months ago IST
India's GDP is expected to fall below 6.5 per cent for the current financial year 2025, as GDP growth in the second quarter (Q2 FY25) slowed to 5.4 per cent, according to a report by the State Bank of India (SBI).
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Nirmala Sitharaman distributes Rs 1,388 crore in loans at Darbhanga credit
Updated : 1 year, 3 months ago IST
Union Minister of Finance and Corporate Affairs Nirmala Sitharaman on Friday chaired Credit outreach programme, in Darbhanga, Bihar. During the credit outreach programme, loans for Rs. 1,388 crore were given to 49,137 beneficiaries by various banks.
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India's GDP growth slips in Q2; Experts revise FY25 projections amid manuf
Updated : 1 year, 3 months ago IST
Upasna Bhardwaj, chief economist at Kotak Mahindra Bank, noted that the sharp dip in GDP growth reflects the disappointing corporate earnings data, particularly in the manufacturing sector, which appears to have faced the brunt of the slowdown.
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Surety Bond: A Game-Changer for Indian EPC Companies and the Construction
Updated : 1 year, 3 months ago IST
New Delhi [India], November 29: In India's rapidly growing construction and infrastructure landscape, securing contractual obligations is paramount. Traditionally, bank guarantees have served as the backbone for ensuring performance, payment security, and contract fulfillment. However, wi
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India's Q2 GDP slows to 5.4%, sharply lower than Reserve Bank estimates of
Updated : 1 year, 3 months ago IST
The Indian economy grew by 5.4 per cent in real terms in the July-September quarter of the current financial year 2024-25, Ministry of Statistics and Programme Implementation's official data showed on Friday. The quarterly growth was quite lower than RBI's forecast of 7 per cent.
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Jhansi Library by BOOTES achieves Global EDGE Certification from IFC after
Updated : 1 year, 3 months ago IST
Gurugram (Haryana) [India], November 29: The Jhansi Library project, spanning 12,000 square feet and commissioned by the Jhansi Development Authority (JDA), with support from Jhansi Smart City, has achieved EDGE certification. This project was executed by BOOTES, India's pioneering Net-Zero
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Finance Minister Nirmala Sitharaman chairs review meeting of RRBs in Easte
Updated : 1 year, 3 months ago IST
Sharing the development on social media platform X, the Ministry of Finance posted on X, "Union Minister for Finance and Corporate Affairs @nsitharaman chairs the review meeting of the Regional Rural Banks #RRBs of the Eastern Belt, in Patna, today. Also in attendance are @samrat4bjp , Deput
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Industry Stalwarts Gather at BFSI India Leadership Conclave Hosted by Eter
Updated : 1 year, 3 months ago IST
Mumbai (Maharashtra) [India], November 29: The BFSI India Leadership Conclave-2024, held at the ITC Grand Central in Mumbai, brought together key figures from the banking, finance, and technology sectors to discuss the future of India's financial services industry. Organised by Eternal Corpo
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